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Defense News

Thursday, January 10, 2008

Defense contractors rigged the bid

During an 18-month span in 2005 and 2006, a pair of European aircraft ground support contractors had a run of good luck, winning three successive Defense Department contracts to supply fuel for military and civilian planes stationed across the globe. But according to the Justice Department, the firms may have gained an inside track on the contracts by conspiring to steal trade secrets from their biggest competitor.

On Sunday, the heads of two Defense contractors were arrested in New York City and charged with rigging the competitions by illegally obtaining secret information about a competing firm's bid...read more.